Yearn Finance, a leading DeFi yield aggregator protocol, is in the early stages of a major governance overhaul proposal, YIP-XX. The proposal was introduced by pseudonymous contributor 0xPickles on September 28, 2025, in a bid to align stakeholders and encourage growth.  YFI does not enjoy the same clout it used back in its heyday when it was one of the biggest DeFi protocols with an all-time high of just under $7 billion in deposits as of December 2021.  However, this three-part initiative is expected to help the protocol find its way back to that greatness. It is touted not just as a way to make profitability a priority but also to promote accountability, and directly reward token holders who have stayed through declining participation and a TVL that’s down more than 90% from its all-time high. Yearn Finance votes on a new proposal  Among the proposed changes, the most notable change is that a majority of all the revenue the protocol generates could soon go directly to those with skin in the game, as they have kept their YFI tokens locked despite the dwindling performance. “This proposal creates a new deal,” 0xPickles wrote. “90% of future revenue goes to stYFI holders, empowering them.” That is not a huge amount of money right now, considering Yearn’s monthly revenue from August turned in under $200,000 in profit, per DefiLlama data. Still, the focus on profitability and increasing accountability is expected to put the protocol on a sustainable growth path that will, over time, increase revenues and make the YFI token more valuable. The proposal comes as DeFi is enjoying a wave of new liquidity, which has pushed deposits to record heights this year. For Yearn, which was once one of the biggest DeFi protocols with an all-time high of just under $7 billion in deposits in December 2021, the liquidity provides an opportunity to reclaim the success of the past. Of course, this is assuming things unfold in the best-case scenario, but that is not certain because it is not the first time Yearn has attempted an overhaul in recent years. In October 2023, a new vote introduced an escrow token model, like those used by protocols such as Curve Finance, Balancer, and Velodrome, however, even though there was support from YFI token holders, the new model wasn’t widely adopted. “Only 3.8% of the YFI supply is locked, a figure that is in decline,” 0xPickles pointed out. “This demonstrates a fundamental lack of interest in the model.” The new simpler model suggested by 0xPickles 0xPickles’ proposal will scrap the vote escrow model in favour of a simpler staking model. Under the new model, YFI holders will be able to lock up their tokens via staking, which would qualify them to receive a portion of the protocol’s revenue. Another proposal suggests restructuring the DAO to make it more profit-oriented while mandating on-chain financial reporting to justify budget requests from contributors. As for what is prompting these changes, the proposal’s author cited organizational misalignment and coordination inefficiency as two cogent reasons. There is also a final proposal to formalize a plan to distribute 1,700 YFI tokens through strategic contributor incentives, establish a capped performance bonus program, and create a long-term contributor retention pool. The three proposals are currently being discussed on the Yearn governance forum ahead of a vote. It is being touted as an “all-or-nothing” package because the proposals form a single initiative, which means that for it to take effect, it has to pass in full via a DAO vote. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.Yearn Finance, a leading DeFi yield aggregator protocol, is in the early stages of a major governance overhaul proposal, YIP-XX. The proposal was introduced by pseudonymous contributor 0xPickles on September 28, 2025, in a bid to align stakeholders and encourage growth.  YFI does not enjoy the same clout it used back in its heyday when it was one of the biggest DeFi protocols with an all-time high of just under $7 billion in deposits as of December 2021.  However, this three-part initiative is expected to help the protocol find its way back to that greatness. It is touted not just as a way to make profitability a priority but also to promote accountability, and directly reward token holders who have stayed through declining participation and a TVL that’s down more than 90% from its all-time high. Yearn Finance votes on a new proposal  Among the proposed changes, the most notable change is that a majority of all the revenue the protocol generates could soon go directly to those with skin in the game, as they have kept their YFI tokens locked despite the dwindling performance. “This proposal creates a new deal,” 0xPickles wrote. “90% of future revenue goes to stYFI holders, empowering them.” That is not a huge amount of money right now, considering Yearn’s monthly revenue from August turned in under $200,000 in profit, per DefiLlama data. Still, the focus on profitability and increasing accountability is expected to put the protocol on a sustainable growth path that will, over time, increase revenues and make the YFI token more valuable. The proposal comes as DeFi is enjoying a wave of new liquidity, which has pushed deposits to record heights this year. For Yearn, which was once one of the biggest DeFi protocols with an all-time high of just under $7 billion in deposits in December 2021, the liquidity provides an opportunity to reclaim the success of the past. Of course, this is assuming things unfold in the best-case scenario, but that is not certain because it is not the first time Yearn has attempted an overhaul in recent years. In October 2023, a new vote introduced an escrow token model, like those used by protocols such as Curve Finance, Balancer, and Velodrome, however, even though there was support from YFI token holders, the new model wasn’t widely adopted. “Only 3.8% of the YFI supply is locked, a figure that is in decline,” 0xPickles pointed out. “This demonstrates a fundamental lack of interest in the model.” The new simpler model suggested by 0xPickles 0xPickles’ proposal will scrap the vote escrow model in favour of a simpler staking model. Under the new model, YFI holders will be able to lock up their tokens via staking, which would qualify them to receive a portion of the protocol’s revenue. Another proposal suggests restructuring the DAO to make it more profit-oriented while mandating on-chain financial reporting to justify budget requests from contributors. As for what is prompting these changes, the proposal’s author cited organizational misalignment and coordination inefficiency as two cogent reasons. There is also a final proposal to formalize a plan to distribute 1,700 YFI tokens through strategic contributor incentives, establish a capped performance bonus program, and create a long-term contributor retention pool. The three proposals are currently being discussed on the Yearn governance forum ahead of a vote. It is being touted as an “all-or-nothing” package because the proposals form a single initiative, which means that for it to take effect, it has to pass in full via a DAO vote. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

        Highlights:  Flora Growth announces $401M PIPE financing round aimed at establishing an AI Zero Gravity (0G) coin treasury. DeFi Development Corp. led the fundraising exercise with strong support from other companies. Flora Growth will rebrand to ZeroStack following the successful completion of the PIPE financing round.  One of the world’s leading decentralised artificial intelligence (AI) treasury companies, Flora Growth, has announced the pricing of a $401 million private investment in public equity (PIPE) round. According to a September 19 press release, the move aims to fund the firm’s treasury strategy centred on AI Zero Gravity (0G) tokens. Upon completion of the PIPE round, Flora Growth will rebrand to ZeroStack, while still maintaining its current market ticker symbol, FLGC. Notably, the financing round is expected to close on or before September 26, 2025, pending customary approvals.  Flora Growth Corp. (NASDAQ: FLGC) announced a $401 million PIPE financing led by Defi Development Corp., Hexstone Capital, and CSAPL. 0G Co-Founder Michael Heinrich will become Executive Chairman. The deal is expected to close on September 26. The company will adopt $0G as its… — Wu Blockchain (@WuBlockchain) September 19, 2025  Flora Growth Announces $401M PIPE with Strong Backing from Leading Crypto Firms DeFi Development Corp. (DFDV), the first treasury firm focused on Solana (SOL), led the financing round with a $22.88 million investment. Other partners included Hexstone Capital, Dispersion Capital, Blockchain Builders Fund, Carlsberg SE Asia PTE Ltd (CSAPL), Abstract Ventures, Salt, and Dao5. The fundraising exercise has already generated $35 million in cash commitments and $366 million worth of in-kind digital assets. Flora Growth sold its common shares and pre-funded warrants to investors at $25.19 per share. The company also pegged 0G tokens contribution at $3 per coin, adding that investors paying either cash or 0G tokens will also receive pre-funded warrants, exercisable once shareholder approval is granted.  A big NASDAQ company (Flora Growth) just announced they’re raising $401 million. ︎ They plan to buy and hold $0G tokens as part of their company’s savings/treasury. Flora’s deal values $0G at around $3 per token for their planned purchase. Right now $0G is trading below… pic.twitter.com/qhOa3uT5ii — Jimmywontgiveup(Ø,G) (@jimmywontgiveup) September 20, 2025  Flora Growth Plans to Hold SOL in Its Treasury Flora Growth noted that it plans to hold part of its treasury in SOL. Joseph Onorati, the CEO of DeFi Development Corp., spoke on the partnership.“We’re thrilled to partner with FLGC on this fundraiser and look forward to driving a deep collaboration between 0G and Solana,” the CEO stated.  Daniel Reis-Faria, Flora Growth’s incoming Chief Executive Officer (CEO), also spoke on the company’s latest initiative. He explained that the move encompasses financial restructuring and support for adopting AI infrastructures. The CEO commented: “This treasury strategy offers institutional investors equity-based exposure, enabling transparent, verifiable, large-scale, cost-efficient, and privacy-first AI development.”  A Brief 0G Token Overview, Highlighting Reasons for Flora Growth’s Interest 0G is gaining significant traction, which has made experts describe the token as a breakthrough in decentralised AI. 0G’s model trained a 107 billion AI parameter model, representing a 357x improvement over Google’s DiLoCo research, challenging the idea that huge centralised data centres are needed for such projects. The 0G network proved that a decentralised network is highly effective for cost-effective computations, with transparent and privacy-first solutions. Unlike other AI blockchains, 0G integrated its computation, storage, and training marketplace into one platform, attracting Web2 and Web3 developers. In related news, Crypto2Community reported that Brera Holdings, an Ireland-based company, completed a $300 million PIPE financing round for a Solana-focused treasury on September 19. The fundraising program was led by Pulsar Group, a blockchain advisory firm based in the UAE. It received strong backing from the Solana Foundation, RockawayX, and ARK Invest. Like Flora Growth, Brera Holdings also rebranded to Solmate.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.